TD Waterhouse Canada Inc. Has $1.67 Million Stake in DuPont de Nemours, Inc. $DD

TD Waterhouse Canada Inc. lowered its holdings in shares of DuPont de Nemours, Inc. (NYSE:DD) by 87.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,072 shares of the basic materials company’s stock after selling 82,085 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in DuPont de Nemours were worth $1,672,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Palisade Asset Management LLC acquired a new position in shares of DuPont de Nemours in the 3rd quarter valued at approximately $26,000. Imprint Wealth LLC acquired a new stake in DuPont de Nemours during the 3rd quarter worth approximately $27,000. Basepoint Wealth LLC acquired a new stake in DuPont de Nemours during the 4th quarter worth approximately $28,000. Nalls Sherbakoff Group LLC bought a new position in DuPont de Nemours in the fourth quarter valued at approximately $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of DuPont de Nemours in the third quarter valued at approximately $30,000. Institutional investors own 73.96% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on DD. Weiss Ratings restated a “sell (d+)” rating on shares of DuPont de Nemours in a report on Monday, August 3rd. UBS Group upped their target price on shares of DuPont de Nemours from $175.00 to $178.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Citigroup increased their target price on DuPont de Nemours from $168.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Zacks Research downgraded DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Finally, Royal Bank Of Canada cut their price target on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a report on Friday, August 7th. Twelve research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $166.60.

DuPont de Nemours Stock Performance

Shares of DD stock opened at $131.46 on Wednesday. The company’s fifty day simple moving average is $138.26 and its 200-day simple moving average is $140.34. The company has a quick ratio of 1.82, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. The firm has a market cap of $17.75 billion, a PE ratio of 292.20, a P/E/G ratio of 1.20 and a beta of 1.06. DuPont de Nemours, Inc. has a 12 month low of $92.49 and a 12 month high of $157.98.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.12. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The business had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter last year, the firm earned $1.12 earnings per share. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. Equities research analysts expect that DuPont de Nemours, Inc. will post 7.27 EPS for the current fiscal year.

DuPont de Nemours Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $0.60 dividend. The ex-dividend date is Monday, August 31st. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. DuPont de Nemours’s dividend payout ratio (DPR) is presently 533.33%.

DuPont de Nemours Company Profile

DuPont de Nemours (NYSE: DD) is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.

DuPont’s operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.